mariramaker
Oct 29, 2007, 05:48 PM
Is there a statue of limitations on old credit card debts?
charlotte234s
Oct 29, 2007, 06:15 PM
Yes depending on what state you live in...
States of Limitations on Debts (http://www.creditinfocenter.com/rebuild/statuteLimitations.shtml)
That site will tell you depending on what state.
excon
Oct 29, 2007, 06:53 PM
Hello m:
There is NO statute of limitations on your promise to pay. There IS a statute of limitations that limits the time your creditor has to sue you. But you owe the debt forever, and the collector can try to collect it forever.
excon